Layer 2 Base is gearing up to experience a surge in network activity with the introduction of Coinbase’s cbBTC, a new wrapped Bitcoin offering. Following Coinbase’s announcement regarding the availability of cbBTC on Base, Bitcoin holders on the layer 2…
Binance Labs, the investment arm of cryptocurrency exchange Binance, has declared its support for OpenEden, a platform specializing in tokenizing real-world assets (RWAs). OpenEden aims to bridge the gap between traditional finance and decentralized finance (DeFi) by bringing real-world yields…
Ethereum’s current price is $2,356, showing a 0.72% increase for the day. Despite this, the outlook for Thursday appears bearish due to Metalpha’s substantial sale of 6,999 ETH worth $16 million based on on-chain data. Metalpha, a crypto management firm…
As 2024 nears its end, XRP has struggled with a 12.44% decline this year, far from its 2018 all-time high of $3.40 despite positive Ripple court developments. While some experts foresee significant gains for XRP, alternative digital assets show potential…
In the realm of digital assets, as many cryptocurrencies are gradually recovering from recent setbacks, Sui Network (SUI), dubbed the ‘Solana (SOL) killer’ or the ‘next Solana-esque big player’, has surged by nearly 18% within the past 24 hours, piquing…
In the world of meme coins, high volatility has been a defining characteristic. A strategic approach to trading, such as entering the market early, can yield significant returns, especially when investors know when to cash in on profits. An illustrative…
XRP saw a significant price surge after the news broke on September 12 about Grayscale launching an XRP Trust. This rapid rally resulted in the token’s price climbing over 6% to $0.56715. Within minutes of the announcement, XRP’s market cap…
The directive from the Bank of Russia mandates financial institutions to prepare for the integration of the digital ruble, aiming to seamlessly blend it with existing cash and non-cash funds for everyday transactions. The directive also includes the provision for…
The hiring practices of US SEC Chair Gary Gensler are under scrutiny, sparking discussions in the market. House Republicans have launched an investigation suggesting that the agency may be violating federal law by potentially considering political leanings in its recruitment…
Bitcoin’s recent surge of 10% has shifted crypto investors’ sentiment from bearish to bullish. However, this positive momentum may be at risk due to stablecoin dominance. Consequently, those invested in BTC should proceed with caution as the upward trend could…